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( MENAFN - GetNews) "The major market players involved in this market are F. Hoffmann-La Roche Ltd. (Switzerland), Labcorp Inc. (US), Guardant health (US), Sysmex Corporation (Japan), NeoGenomics Laboratories, Inc. (US)"Browse 268 market data Tables and 48 Figures spread through 245 Pages and in-depth TOC on "Minimal Residual disease Market by Product (Kits, Instruments), Technology (PCR, NGS), Application (Leukemia, Lymphoma, Multiple Myeloma, Solid Tumors), End User (Hospitals, Diagnostic Labs, Research Institutes), & Region - Global Forecast to 2029 The global Minimal Residual Disease market is expected to grow to USD 2.55 Billion by 2029, up from USD 1.43 Billion in 2024, at a CAGR of 12.2% over the forecast period. Factors that fuel the growth of the minimal residual disease testing market in terms of geography include the increasing incidence of cancer and hematological malignancies, government efforts to make people aware of the disease, and growing collaborations. Download PDF Brochure: A significant technological shift which could redefine the business landscape in the Minimal Residual Disease market, is the growing interest in developing and refining IGRA tests. IGRA presents more significant advantages than tuberculin skin tests because these are more accurate and sensitive, especially for populations immunized with BCG vaccine. As the global healthcare systems advance towards precision diagnostics, the need for IGRAs is also on the rise because these tests are more sensitive and specific and can be completed in a single patient visit. In addition, advancements in the IGRA test platforms, such as automation, continue to make tests more accessible and scalable for deployment in both high-burden and resource-limited settings. This shift will, therefore, lead towards greater market growth driven by more reliable, faster, and easier use of testing methods and the entry of new players to the market and existing companies to invest much heavily in IGRA technology. Based on product, the market for minimal residual disease testing is categorized into assay kits & reagents and instruments. The assay kits and reagents segment are likely to be the fastest-growing one in the market. A high growth rate of this segment is essentially based on its relatively more purchases. The need for more precise and efficient diagnostic instruments, particularly in high burden areas further expands the use of instruments too. Based on technology, the market for minimal residual disease testing is segmented into flow cytometry, polymerase chain reaction (PCR), and next-generation sequencing (NGS). In 2023, the PCR technology segment accounted for the largest share of the global MRD testing market. This dominant share can primarily be attributed to the ease with which this technology can be used and the wide availability of assay kits, besides a high sensitivity that makes it possible for minimal residual disease detection. Moreover, PCR technology offers reliable and cost-effective testing and clinical application. Categorized by applications, the market for minimal residual disease testing is classified into four applications including hematological malignancies, solid tumors, multiple myeloma, and others. By application, hematological malignancies led the way with maximum share of 66.0% in the global minimal residual disease testing market in 2023. The widespread use of this application is expected to maintain its position as the market leader with all the above reasons including the increased incidence of leukemia and lymphoma, and with that of constant monitoring of such patients. Based on end users, the minimal residual disease testing market has been segmented based on end users into hospitals & specialty clinics, diagnostic laboratories, academic & research institutes, and other end users. In the year 2023, the hospitals & specialty clinics segment holds the highest share in this market, while diagnostic laboratories are growing at the highest rate. Large share for this segment is due to the availability of sophisticated diagnostic equipment, and a pool of skilled professionals to conduct these tests. The global minimal residual disease testing market has been segmented into five major regions- North America, Europe, the Asia Pacific, Latin America, Middle East and Africa and GCC Countries. In 2023, North America accounted for the largest share of the minimal residual disease testing market. This regional segment might be attributed to the high incidence of leukemia and lymphoma, highly developed healthcare systems in the US and Canada, many national clinical laboratories, and easy access to technologically advanced instruments. Request Sample Pages: The major market players involved in this market are F. Hoffmann-La Roche Ltd. (Switzerland), Labcorp Inc. (US), Guardant Health (US), Sysmex Corporation (Japan), NeoGenomics Laboratories, Inc. (US), Adaptive Biotechnologies Corporation (US), ArcherDX, Inc. (US), Asuragen Inc. (US), Arup Laboratories Inc. (US), Bio-Rad Laboratories, Inc. (US), among others. F. HOFFMANN-LA ROCHE LTD. Minimal residual disease testing, in 2023, for Switzerland-based F. Hoffmann-La Roche Ltd. was the market leader. Roche is one of the market leaders due to its vast product offerings. The company has believed in focused innovation to maintain its market share, it has, comparatively speaking, invested lesser into the R&D activities on this front. In addition to that, the robust sales and distribution network of the company worldwide has also assisted in its market positioning. It works with third parties in collaboration and in partnership to provide integrated and better solutions. The company has a strong geographic command across 180 countries in the Americas, Europe, Asia, and the Middle East & Africa. LABCORP INC. As of 2023, Labcorp Inc. (US) is the second-largest player in the minimal residual disease testing market. Laboratory Corporation of America Holdings, commonly referred to as Labcorp, is a US-based global life sciences company that offers critical diagnostic and drug development services to healthcare providers and researchers. The company operates two main segments specifically Diagnostic Laboratories and Biopharma Laboratory Services. It has a strong presence in North America, Europe, the Middle East, Africa, and Asia-Pacific. The company is widely recognized for its extreme product portfolio in MRD testing and screening. For innovation, the focus of Labcorp is significantly on research and development. AtlantiCare (US) and OmiSeq (US) are strategic acquisitions that helped to enhance its capability. The global distribution network of the company increases its market reach. Labcorp continues to advance healthcare through insights and innovation. GUARDANT HEALTH Guardant Health specializes in the development of innovating technologies for more efficient cancer management. The company's flagship product is Guardant Reveal-blood test-one that will detect circulating tumor DNA (ctDNA) in order to ascertain the presence of MRD in early-stage cancers, such as colorectal, breast, and lung. Revenue for Guardant Health is generated from the Precision Oncology Testing and Development Services and Other segments. While the company majorly focuses on the U.S., it also has a significant presence in Europe, the Middle East & Africa, and Asia Pacific. Its innovative liquid biopsy technologies have established Guardant Health as a leader in precision oncology, while also fueling growth in the realm of MRD testing toward the future of personalized cancer treatments. For more information, Inquire Now! MENAFN16122024003238003268ID1108999833 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.10-man Botafogo wins its first Copa Libertadores titlePatchwork Patchwork is a chill two-player puzzle game where you and your opponent compete to create the best quilt. The tactile experience and cozy results are relaxing on a chilly day. If you have more than two players, try Calico instead, where you’ll create quilts for cats. Carcassonne In Carcassonne, players compete to build Medieval cities and fields by laying tiles. The game takes a bit of strategy and luck, and it will generate some friendly competition among children and adults alike. The charming artwork also will transport you on a road trip from the comfort of your home. Everdell and Flamecraft For those looking for longer gameplay, Everdell will have you playing as cute forest creatures building new cities during a game that averages a little over an hour. Flamecraft is another delightfully whimsical game where players try to attract dragons to improve the reputation of their shops. Each of these games is simple to pick up and, with every playthrough offering something new, they’ll get you through the season. Everdell and Flamecraft can also be single-player games if you need a break from socialization. Puzzle and organization games If having everything in its place provides calm in the chaos, you’ll love Unpacking. This puzzle game, available on Switch, PC and Xbox, has you unpacking boxes and putting items away. Playing games like Unpacking can be a meditative experience. Other puzzle games like A Little to the Left and Spiritfarer blend stories into the gameplay. Farming, building and simulation games Maintaining a virtual farm or building a make-believe castle from your sofa can be a great stress reliever. Stardew Valley is a quintessential farming game surrounded by charming townspeople. Palia, a massively multiplayer online game, features farming, quests and community building with other players. It’s also free. For those with a Nintendo Switch, the Animal Crossing series has you interacting with other animal players in a peaceful village. With multiplayer modes, these games are great options for playing with friends and family from afar. For a single-player escape, try the recently released Tiny Glade on PC where you’ll build castles. This cozy game’s detailed artistry and conflict-free gameplay will bring hours of relaxation. Or build a world from tiles in Dorfromantik. The game can be entirely chill or provide a bit of strategy if you want to go for a high score. Relaxing card games A pack of cards is reliable entertainment at any gathering. From classics to innovative new card games, having a few in your collection can be worthwhile. Card games can range from simple to complex, a few minutes to a few hours and single-player to dozens of players. If you have a standard deck of playing cards, Blitz is a great option for any number of players. Also known as Thirty One, this game gives every player three cards and lets them trade out a card on each turn, trying to get a value of thirty-one. President is another simple social card game where players race to get rid of their cards in ascending order. Some people play it as a drinking game. For a two-player card game, try The Fox in the Forest. This trick-taking card game features cozy graphics, and its fast, simple gameplay is perfect for a winter date night. For two to four players, Arboretum has darling tree graphics on its cards. Players lay cards down with the goal of creating a beautiful garden.Coimbatore: School education minister Anbil Mahesh Poyyamozhi on Monday said the govt had formed a committee to introduce artificial intelligence (AI) in the state school syllabus and that the same would be implemented soon. Speaking to reporters after inaugurating the review meeting of chief educational officers here on the day, the minister said, "The plan is to introduce AI in schools through the State Council of Educational Research and Training. A committee has been formed in this regard and discussions are on. Our goal is to implement it in the next academic year. We must keep up with the global trends. That's why the state govt is heavily investing in school education." He said Tamil Nadu was the only state to sign a memorandum of understanding (MoU) with Microsoft to integrate technology into the school curriculum. "The govt has allocated funds to establish hi-tech laboratories in all govt middle and high schools, upgrade computer systems and replace outdated equipment." The minister also emphasised on the importance of improving pass percentage in the upcoming Class X and Class XII board exams. "Chief education officers should take adequate measures to increase pass percentage and ensure that students who fail are able to succeed. Districts that perform well will be commended, while reasons for underperformance in certain districts will be analysed to encourage improvement," he said. Stay updated with the latest news on Times of India . 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